Funding you earn now, next payment 00:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.45 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance+0.208%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2352.349% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.208%, 7d avg +0.126%
=The price spread pays, funding is against you. BingX is 0.082% dearer against Binance than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of +0.126%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPORTFUNUSDT | 0.01926 | 0.1595 | pay 0.0798% / 4h | 1m 39s | $2.1M | $638K | 10x |
| Short | BingX SPORTFUN-USDT | 0.01930 | 0.1506 | get 0.0753% / 4h | 1m 39s | — | $1.6M | — |
Binance SPORTFUNUSDT
BingX SPORTFUN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.69
- Price spread: +0.208% → +0.126%
- $8.21
- Slippage, 4 orders
- −$214.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$245.37
- Costs to cover
- 2.349%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 2.60 bp | 72.8 bp −$73 | 1452.4 bp −$14.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 7.80 bp | 51.0 bp −$51 | 214.7 bp −$2,147 | 1309.8 bp −$131.0K | doesn't fit |
SPORTFUN on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPORTFUNUSDT | +0.0528% | 4h | 0.01933 | +0.363% | $397K | $41K | 20x | as long as short |
| KuCoin SPORTFUNUSDTM | +0.0644% | 4h | 0.01926 | 0.000% | $220K | $4K | 20x | as long as short |
| BingX SPORTFUN-USDTshort | +0.1506% | 4h | 0.01930 | +0.208% | — | $1.6M | — | |
| MEXC SPORTFUN_USDT | +0.1590% | 4h | 0.01925 | −0.052% | $305K | $122K | 20x | as long as short |
| Binance SPORTFUNUSDTlong | +0.1595% | 4h | 0.01926 | long leg | $2.1M | $638K | 10x |
Bybit SPORTFUNUSDT
KuCoin SPORTFUNUSDTM
MEXC SPORTFUN_USDT